Paragon Entertainment to appoint administrators as cash runs out, CEO resigns
Share:
(Reuters) - Paragon Entertainment said on Thursday it did not have enough cash to run its operations or pay its dues and the company has decided to appoint administrators as soon as possible, while its top boss resigned.The company, which has designed visitor attractions and experiences such as The Rolling Stones Exhibitionism at the Saatchi Gallery, said Chief Executive Damien Latham has resigned with immediate effect.Last week, Paragon trimmed the top end of its forecast for full-year revenue,..